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Many tax credit managers use computer software programs to help them manage their tax credit sites. A good software program should save time and money by making it easier to keep your site in compliance with tax credit rules and perform many other management functions.
New York's Westchester County is beginning an experiment to keep affordable housing affordable. A land trust designed to preserve affordable housing, including tax credit sites, in perpetuity, is being devised in Westchester, says Rosemary Noonan, Executive Director of the Housing Action Council, an affordable housing advocacy group. The trust is to be called the Westchester County Land Trust, she adds.
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